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Home»ADOPTION NEWS»Hackers steal millions of dollars worth of NFTs from Apes to Art Blocks via NFT Trader exploit.
ADOPTION NEWS

Hackers steal millions of dollars worth of NFTs from Apes to Art Blocks via NFT Trader exploit.

By Crypto FlexsDecember 16, 20232 Mins Read
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Hackers steal millions of dollars worth of NFTs from Apes to Art Blocks via NFT Trader exploit.
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Posted 1 minute ago In ~

Millions of dollars of high-value NFTs, including rare Bored Ape and Mutant Ape Yacht Club tokens, World of Women NFTs, VeeFriends, Art Blocks, and more, were stolen in a massive hack of peer-to-peer trading platform NFT Trader earlier today. .

The company confirmed in the X user foobar claimed that the attack was completed after NFT Trader updated its smart contract to fix a reconnection vulnerability.

The apparent primary attacker posted a public message on the blockchain, pinning the invention of the NFT exploit on other users and claiming that the attack was just “picking up leftover trash.” The attacker offered to return the tokens to the victim after receiving a ransom of 3 eth per Bored Ape and 0.6 eth per Mutant Ape. The attackers also made a series of confusing moves, including refunding one Bored Ape and 31 eth to one user while retaining the ApeCoin rewards, and returning certain staked Bored Apes to their owners.

In addition to the primary hacker, secondary hacks have been reported that drain tokens such as Cool Cats and Squiggles from users’ wallets. NFT Trader did not immediately respond to The Block’s request for comment.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

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